Daily Agri Commodity Trading Tips

R

Research_4u

Anamika Rai
Daily Agri Commodity Trading Tips 17 February

SOYABEAN

  • On technical chart soybean mar. Future trend is bullish where soybean mar. future has resistance at 3950 on intraday basis while 3875 is a immediate support closing is 3927
  • Momentum indicators RSI is indicating bullish trend.
  • Traders are advised to that buy around 3900 with sell of 3875 for the day target of 3950.

FUNDAMENTALS:- crop harvesting is on progress in south America. Unfavorable weather condition can create volatility in market.

CASTORSEED
  • Castorseed mar. looking for intraday will be sideways to bearish.
  • We can see support around 4200 & resistance is 4340 closing is 4267.
  • Intraday traders are advised to sell castorseed around 4300 with sell 4340Target 4200.

Movementam indicator RSI. In daily chart Indicating for sideways to bearish trend only for intraday. Read More Info

Commodity Ncdex Trading Tips
 
Ncdex Commodity Technical Report 25 February

CHANA

Chana apr. Looking for intraday will be sideways to bullish.
We can see support around 2990 & resistance is 3050 closing is 3027.
Intraday traders are advised to buy chana around 3015 with sell 2990 target 3050.
Movementam indicator RSI. In daily chart indicating for sideways to bullish trend only for intraday.

TURMERIC

Turmeric apr. Trend for intraday will be bearish.
It has a major resistance is 7000 & support is 6750 closing is 6880.
Traders are advised to sell turmeric around 6900 with sell 7000 for tgt 6750.
Upside is limited so traders can see target in intraday up to below 6750.

CORIANDER

Coriander apr.. Trend for intraday will be bullish.
It has a major resistance of 9400, support is 9250, & closing is 9358.
Traders are advised that make buy position around 9310 with sell 9250 for target 9400.
Movementam indicators RSI in uptrend trend & it is above 30 day moving average in daily chart, at that level we may see buying in intraday. Read More Info %u2013 Ncdex Commodity Technical Report 25 February | Stock Tips | Commodity Tips |Forex Tips | Mcx Tips|Share Tips
 
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